Attached files
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported):
August 10, 2020
AMERI METRO, INC.
(Exact Name of Registrant as Specified in its Charter)
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Delaware | 000-54546 | 45-1877342 |
(State of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
2575 Eastern Blvd., Suite 102, York, PA 17402
(Address of principal executive offices)
717-434-0668
(Registrant's telephone number, including area code)
___N/A___
(Former Name or former address if changed from last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01 Other Events
Ameri Metro, Inc. (the “Company”) entered into an Opportunity License Agreement with the Portus de Jewel Seaport & Inland Port project (the “Project”), which was amended in June 2019. The agreement was further amended by a July 31, 2020 Resolution to include the Dutch East India Logistics Co. (“DEIL”), the entity responsible for the Project. The amended Opportunity License Agreement now provides that the Company has a 10% non-controlling interest in DEIL and the Project, and the ownership interest also includes ownership of the book value in DEIL and the Project. DEIL and the Project shall pay 10% of all profits before taxes to the Company. Based on DEIL and Project operations through July 2020, the Company is entitled to $250,408,071 in Net Ordinary Income and $53,805,646,202 of Book Value. The Company will record 10% ownership of the property in their financial filings. All related future revenue will also be recorded in the Company’s financial filings.
Item 9.01 Exhibits
(d) Exhibits.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
August 12, 2020
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| Ameri Metro, Inc.
/s/ Robert Choiniere —————————————— By: Robert Choiniere Title: Chief Financial Officer |
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